The luxury conglomerate behind Coach, Kate Spade and Stuart Weitzman is growing by three more brands with the US$8.5 billion purchase of Michael Kors-founded Capri Holdings Limited, merging two American fashion groups amid news that U.S. luxury spending has slowed in favour of growth in Europe and Asia. Key Takeaways Key Background Coach and Michael […]
Gucci CEO Marco Bizzarri, who led the company out of a slump after Tom Ford’s resignation in 2004, will leave his role this September, amid a management shake-up that saw the hiring of a new creative director earlier this year and now the promotion of two other executives as deputy CEOs of parent company Kering. […]
Jane Birkin, the namesake of the elusive Hermès handbag and collaborator of singer Serge Gainsbourg, died on Sunday at the age of 76 after inspiring a generation of directors, fashion designers and musicians with her classic beauty and effortless style. Key Takeaways Key Background Birkin was born in London in 1946 and began her career […]
Margot Robbie has been hitting the red carpet in style for the Barbie movie—in theatres July 21—by replicating outfits donned by various Barbie dolls over the years, dressing in everything from an outfit inspired by the original Barbie to a more meta approach: dressing as a doll inspired by Robbie’s character in the new film. […]
The world’s tiniest handbag, created by MSCHF, has sold at US musician Pharrell Williams’ Joopiter auction. The handbag measures 657 by 222 by 700 micrometers – smaller than a grain of sea salt – and is modelled after Louis Vuitton’s OnTheGo tote. The bag was created by American art collective MSCHF, reportedly for American musician […]
Singer-turned-entrepreneur and billionaire Robyn Fenty (aka Rihanna) has stepped down from her role as chief executive officer of lingerie brand Savage x Fenty. Fenty, who co-owns the lingerie brand with French fashion house LVMH, will step down from the role effective Monday June 26 and be replaced by the former CEO of Anthropologie Group, Hillary […]
The last time Melbourne style queen Rozalia Russian released a clothing line with Australian label Atoir it sold out within 20 minutes. The same is expected when her second range goes live on Thursday. The last time fashion influencer and former model, Rozalia Russian, released a clothing line with Australian label Atoir it sold out […]
Environment minister Tanya Plibersek has given the rag trade a one-year warning that it needs to get on board with re-using and recycling … or she’s going to take over. Skinny jeans might not be dead, but wearing them will take a lot more squeezing in the future as fashion-industry leaders signed up to a […]
The Met Gala has grown from a simple fundraiser to one of the most exclusive and expensive red-carpet events of the year built around a theme—this year it’s the late designer Karl Lagerfeld—that informs an exhibit at the Metropolitan Museum. Key Facts The themed gala, which occurs on the first Monday of every May, raises millions […]
Love them or hate them, brand collaborations are here to stay and the latest limited edition capsule from Hennessy and Kim Jones is one of the more unique pairings we’ve seen in recent memory. In a historic first for Maison Hennessy brand, they have teamed up with Dior’s artistic director Kim Jones to drop a […]